The IPC Press
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Latest News & press
Inclusive Prosperity Capital, Inc. Raises $25 Million for Clean Energy Investment in Underserved Markets
Expands Access to Affordable, Clean Energy in New York State ROCKY HILL, CT, May 18, 2020 – Inclusive Prosperity Capital, Inc. (IPC), a mission-driven specialty finance organization working at the intersection of community development, clean energy finance, and climate impact is pleased to announce the closing of a $25 million Read More »
Clean Energy States Alliance Launches Major Initiative to Advance Solar in Under-Resourced Communities
US Department of Energy Funds CESA’s Efforts to Scale Up Solar for Low-and Moderate-Income Households Montpelier, VT (October 3, 2019) – The Clean Energy States Alliance (CESA) will lead a wide-ranging initiative to accelerate the development of solar projects that benefit low-and-moderate-income (LMI) households and communities. The “Scaling Up Solar Read More »
John D’Agostino on Impact Lenders Podcast
Inclusive Prosperity Capital’s John D’Agostino was the recent guest on the Impact Lenders Podcast, the podcast for people and institutions using lending for good, to discuss IPC is bringing energy efficiency to community development. Listen to this podcast here.
Inclusive Prosperity Capital, Inc. Receives $10 Million Guarantee from The Kresge Foundation
Kresge Credit Enhancement to Support Connecticut Green Bank Spin-Out in Capitalizing and Deploying Accessible Clean Energy Across the Nation ROCKY HILL, May 7, 2019 – Inclusive Prosperity Capital, Inc. (IPC), a mission-aligned specialty financing spin-out of the Connecticut Green Bank, is pleased to announce a $10 million guarantee and multi-year Read More »
FuelCell Energy Announces Construction Financing for Project at the U.S. Navy Submarine Base in Groton, Connecticut
$23 million construction financing facility to support the 7.4 MW power plant being constructed for the U.S. Navy Submarine Base in Groton, CT Financing provided by Fifth Third Bank, a new banking relationship for FuelCell Energy DANBURY, Conn., March 04, 2019 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL), a global Read More »
Financial Partnership Secures Growth of Nation’s Leading Low-Income Residential Solar Provider
PosiGen, the nation’s leading provider of renewable energy and efficiency solutions for low-to-moderate income households, is pleased to announce a credit facility structured and provided by LibreMax Capital, a New York based asset management firm, in conjunction with the Connecticut Green Bank, the nation’s first green bank, and Inclusive Prosperity Capital, a new not-for-profit clean energy investment fund sparked by the Connecticut Green Bank. The three-year, $90 million credit facility will allow PosiGen to continue to lease solar systems and provide energy efficiency upgrades to low-to-moderate income homeowners in Louisiana, Connecticut, New York and New Jersey. It also enables the company to expand its footprint into additional markets and states.